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The world’s richest person announced on Friday that he has combined two of his multi-billion-dollar companies. Here’s how ...
Musk says this move is ‘blending xAI’s advanced AI capability and expertise with X’s massive reach.‘ ...
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which ...
Musk’s decision to merge the businesses is a win for X investors, who have endured more than two years of uncertainty since ...
Elon Musk said on Friday that he's combining two of his companies, xAI and X, into a single entity. In a post on X, Musk said xAI is the acquirer, valued at $80 billion in the deal, while X is valued ...
Elon Musk has orchestrated a high-profile takeover of X through his artificial intelligence firm, xAI, in an all-stock ...
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DMR News on MSNThe xAI–X merger looks promising for those backing Musk’s empireAI, the recent AI startup founded by Elon Musk, just made a splashy one. It recently finished its acquisition of X, the ...
Musk, the owner of both companies, said the deal values the startup AI company at $80 billion and the social media platform ...
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